Shipping & Freight #freight#distress
Freight Distress Report: More Carriers Shut Down, Logistics Firms Cut Jobs Across US
A new wave of bankruptcies and layoffs swept through US transportation and logistics from June 5 to June 15, 2026. Notable filings include Triple RRR Carriers (Chapter 7) and Expeditors International cutting ~230 technology jobs. The distress underscores elevated operating costs and financing challenges.
Jun 16, 2026 1 source